I have always said something, the more you read, the more knowledge there is, many trader or investors give their point of view based on their experiences and all of that is very good, so this information, more than anything that is embodied in books, is the one that teaches the most For me, that is the best method to acquire knowledge, and if you have that knowledge, it is very easy to devise our own strategies, but if after we do them we look at others that are very different, it can distort our analysis, and we are no longer going to have a plan but a mixture, and you will not know what to obey, it is always good to have and see other analyzes but I think personal analysis is the best.
And we can't blame others to have different opinions about trading because of their bad experience as well and then say, trading is not profitable.
On the other side, it was also important to read books as there are a lot of things that we need to know more about that can never be found in experience alone. And from those things that we read and together with our experience we can derive our strategies which I believe were more effective than the usual strategy that has been used by most traders. I'd say why? It is because that strategy connects to our mind, there is an exact communication that can't be found in others.
We all have personal goals in trading so having a personal strategy would be a great help to achieve those. It is indeed that knowledge is power since this would be you foundation to create your own strategy. Also, along with this, the experiences on that you got on trading either win or loss would impact and help you develop your strategy. If we really want something, I think it takes for us to be disciplined to really understand the market as well as how the economy is doing in present time since being adaptive to every changes in the economy is vital so that you could be more successful in trading.